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The complete guide to managing and preventing bad debts in B2B
B2B businesses face several challenges when collecting outstanding payments from delinquent customers. Developing a well-structured process, leveraging digitization, and upgrading your teams’ resources and capabilities can maximize recoveries and prevent bad debts. With an increased focus on debt management, companies can reduce high costs and lost income and enhance customer focus, customer engagement, resilience, and profits.
*Updated* Australia’s economic stimulus: Keep businesses in business
Updated 22 March 2020: The staged total economic relief package so far from the Australian Government and the Reserve Bank of Australia is valued at $189 billion. Assistance to business to keep people in jobs include: 1. Wage subsidies of up to $100,000 (minimum payment of $20,000) for eligible SMEs and NFPs that have an […]
10 key takeaways from NetSuite’s SuiteConnect Sydney 2020
What do a Mexican fast food restaurant chain and a home loan lender have in common? NetSuite, it seems. SuiteConnect Sydney 2020 was a fabulous showcase of great Australian companies that have used NetSuite’s infrastructure as a foundation for business growth. We heard from Steven Marks, Co-Founder and CEO of Guzman y Gomez; Mark Bouris, […]
